Prices via values
some varieties of labor services have unpleasant associations for the laborer,
Afford enjoyment via occupation
Remunerative labor
Entrepreneurial activity
Not commodities , no prices
Not intended for exchange
Credit increases
Price of services of capital
Risk premium
35A special characteristic of price formation in the case of the services of capital is due, as we shall see later, to the fact that these services cannot ordinarily be sold without transferring the capital itself into the hands of the buyer of the services of capital. There is a resulting risk for the owner of the capital for which he must be compensated by a premium.
Land capital and labor
Rent interest and wages
Price of a good in accordance to the value for economizing men
Magnitude of price
Magnitude of it’s value
Economic character
Labor and price of its value
labor value
For if the demand for higher wages is not coupled with a program for the more thor- ough training of workers, or if it is not confined to advocacy of freer competition, it requires that workers be paid not in accor- dance with the value of their services to society, but rather with a view to providing them with a more comfortable standard of liv- ing, and achieving a more equal distribution of consumption goods and of the burdens of life. A solution of the problem on this basis, however, would undoubtedly require a complete transfor- mation of our social order.37
Barter change and exchange and trade
Reciprocal transfer
needs of both economizing individuals could be better satisfied than would be the case in the absence of this reciprocal transfer.
The pain of hunger
Betterment of their economic positions
Relative magnitudes
Economic gains
Unproductive
Prices and water
If the locks between two still bodies of water at different levels are opened, the surface will become ruffled with waves that will gradually subside until the water is still once more. The waves are only symptoms of the operation of the forces we call gravity and friction. The prices of goods, which are symptoms of an economic equilibrium in the distribution of possessions between the economies of individuals, resemble these waves
Saleable commodities
Sale or purchase
Price Formation
Bargaining
Exploit
Economic gain through bargaining and intelligent exploitation?
Price formation under monopoly ***
The only real profits which can happen is through monopolies ?
How to create a monopoly
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Single indivisible good
Purchasing power
Increase your power & purchasing power
How to increase your purchasing power?
Monopolized goods
Bitcoin is the first and true and only digital monopoly
Invest in monopolies
Yield the greatest profit
Yield the maximum profit
Disrupt the guilds
When the power of the guilds to control the quan- tities of goods brought to market was wrested from them, their regulations could no longer be enforced.
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